Full Equity Partners

RECEIVED Tue., March 1, 2005

Dear Editor,
    We're writing in reference to your story on the proposals to redevelop the old Seaholm Power Plant [“Beside the Point: Council Ponders Seaholm,” News, Feb. 25]. We appreciate the kudos but also want to emphasize that we are not "potential partners,” but full equity partners in this venture with Stratus Properties and Trammell Crow. We're fully invested in this effort and couldn't be more excited about the opportunity to create a new home for KLRU, Austin City Limits, and the Texas Music Hall of Fame, and build a world-class outdoor live music venue right in the heart of Austin.
Thanks again,
Willie Nelson
Freddy Fletcher
Pedernales Records
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